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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)

Sidelines Mode (+55) - SARJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SARJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for SARJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SARJPY
Open High Low SARJPY Price Change
28.650229 28.674680 28.649157 28.672426 +0.022197
Entry Signal

MarketClub’s Trade Triangles for SARJPY

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 28.743802

intermediate term up The intermediate-term trend has been UP since May 12th, 2020 at 28.741294

short term down The short-term trend has been DOWN since May 22nd, 2020 at 28.559755

Smart Scan Analysis for SARJPY

Based on our trend formula, SARJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SARJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.650229 28.674680 28.649157 28.672426 +0.022197
Prev. Close Volume Bid Ask Time
28.650229 28.637406 28.707445 2020-05-25 14:37:48
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